At the time of purchase I was not expecting property appreciation, but based on my purchase price, I can't imagine seeing any appreciation, even after 15-20 years.Thanks Kelly,Did you post anywhere else that I might have missed so I can also reply on those platforms?

Also the tax amount on the tax rolls is not the tax you pay in the future, it is based on the new sale price and will increase according in due time. 

Call an insurance broker and see what options they have based on what and where you are buying. 

Looking forward to your input.TroyView report*This link comes directly from our calculators, based on information input by the member who posted.

My engineer did briefly mention to me this was a risk but felt comfortable defending our position based on our compliance with AASHTO and we never discussed again.

There are a few Duluth or Superior based folks active in the forums with varying degrees of regularity.  

We're not talking huge cashflow here in my market but the analysis looks very stong based on market average appreciation and the low capex figures. 

Alex LonginidisView report*This link comes directly from our calculators, based on information input by the member who posted.

Honestly, PriceLabs is my favorite, especially if you're doing multi-unit or want to create custom groups and bring in occupancy-based factors.

Are you really going to make investment decisions that involve legal documents and capital being invested by outside parties based on what someone writes in these forums?